Asian shares extended their gains to a fourth straight day as turmoil driven by concerns over the impact of artificial intelligence eased, with optimism tempered by a muted response to Nvidia Corp.’s upbeat sales forecast. The yen appreciated against the dollar. The MSCI Asia Pacific Index rose 0.9% to another all-time high. South Korea’s Kospi Index — a bellwether for AI investments — continued its winning streak to jump 2.2%, extending its lead as the world’s best-performing stock market this year. Nvidia shares erased most of their post-earnings gains to edge up just 0.2% in extended trading, even though the chipmaker’s first-quarter revenue forecast beat estimates. The world’s most valuable company signaled concerns about an overheated artificial intelligence economy, which weighed on several Asian chip stocks. Equity-index futures for the US and Europe edged lower. Nvidia’s failure to impress investors is set to test traders after equity markets rebounded from Monday’s tumble, which was driven by concerns over AI-driven disruption across sectors and fears that valuations had run ahead of fundamentals. In contrast, Asia has largely sidestepped the volatility as traders pile into the region’s chipmakers — viewed as the “picks and shovels” of the AI supply chain. In other corners of the market, the dollar weakened for a second day. Gold rose as traders weighed geopolitical tensions in the Middle East and the impact of US tariffs on global trade. Bitcoin fell 1% and Treasuries gained, with the yield on the benchmark 10-year falling one basis point to 4.04%. Meanwhile, Japan’s currency rose as much as 0.4% to 155.76 per dollar, alongside gains in short-end domestic government bond yields. The yen led gains among Group-of-10 currencies after Bank of Japan board member Hajime Takata, the most hawkish voice on the panel, renewed calls for further rate increases. While his stance was largely in line with previous remarks, it underscored a growing contrast between the BOJ’s more aggressive advocates of policy normalization and the government, after Prime Minister Sanae Takaichi nominated two new board members seen as dovish. Elsewhere, President Donald Trump will sign a directive in the coming days raising his global tariff to 15% “where appropriate” and is seeking “continuity” with nations that struck trade deals, US Trade Representative Jamieson Greer said. Back to Nvidia, after a remarkable run of sales growth, which turned the chipmaker into the world’s most valuable company, investors have proven harder to satisfy. Nvidia signaled that concerns about an overheated AI economy will continue to dog the company. The chipmaker projected first-quarter revenue of $76.4 billion to $79.6 billion, exceeding estimates of $72.8 billion. Some analysts had projected numbers approaching $80 billion, according to data compiled by Bloomberg. Investors have been so sensitive in recent days that a report from a little-known firm called Citrini Research outlining the potential AI risks to various industries — using hypothetical scenarios set in the future — jolted markets earlier this week. The disruptive potential of the technology has roiled stocks across sectors for weeks in what’s become known as the “AI scare trade.” US After Hours NVDA -0.7% initially traded higher then ticked lower during call; NTNX +15.1% on AMD investment and earnings; SEZL +15.7%, VAC +12.1% higher on earnings; AI -22.4%, TTD -16.2% lower on earnings.
Nikkei +0.20% Hang Seng -0.41% CSI -0.17% Shanghai -0.08% Shenzen +0.34%
Eur$ 1.1818 CNH 6.8320 CNY 6.8358 JPY 155.92 GBP 1.3556 CHF 0.7721 RUB 77.2160 TRY 43.8779 WTI$ 65.58 +0.23% Gold 5,196 +0.65% BTC 68,332 -0.9&% ETH 2,066 -1.75%
S&P -0.11% Nasdaq -0.19% EuroStoxx -0.03% FTSE -0.04% Dax -0.05% SMI -0.19%
Macro :
- Lawmakers Ask Tech Companies What User Data They Provided to D.H.S.
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- Blackstone Sees More Software Stress
- Satellite Images Expose Trump’s Claim of ‘Easy’ Victory in Iran
- Ardian Says AI Risk May Rule Out Some Software Investments
- Druckenmiller’s Big Bet on Market Breadth Backs ‘26 Rotation
Keep an eye on :
Keep an eye on :
- ACS SM : ACS FY Sales Meet Estimates
- ADN1 GY : Adesso FY Outlook Above Consensus; FY Sales Above Estimates
- ADP FP : Vinci Exchangeable Bonds Premium Set at 35%, Coupon 0.75%
- AIXA GY : Aixtron Sees 2026 Ebit Margin 16% to 19%
- ALV GY : Allianz 4Q Operating Profit Meets Estimates
- ALV FP : Allianz Plans to Buy Back as Much as €2.5 Billion in Shares
- AMD US : AMD to Buy $150 Million of Nutanix Stock in New Partnership
- AMG NA : AMG FY Revenue Beats Estimates
- ARGX BB : Argenx 4Q Vyvgart Sales Beat Estimates
- AKE FP : Arkema 4Q Ebitda Misses Estimates
- CS FP : AXA FY Underlying Profit Meets Estimates, Axa Announces €1.25 Billion Buyback After Profit Meets Estimates
- BFSA GY : Befesa FY Revenue Misses Estimates
- BEKB BB : Bekaert FY Adjusted Ebit Misses Estimates
- BBOX LN : Tritax Big Box REIT to Be Added, Ashtead Deleted From FTSE 100
- AI US : C3.ai Shares Drop After Firm Cuts 2026 Revenue Outlook
- CPK US : Chesapeake Utilities 4Q Adjusted EPS Matches Estimates
- CIE SM : CIE Automotive 4Q Net Income Misses Estimates
- CRCL US : Circle Surges the Most Since IPO After Results Top Estimates
- CMBT BB : CMB Tech 4Q Revenue $589.1M
- CTPNV NA : CTP FY Adj. EPRA EPS EU0.85
- CYTK US : Cytokinetics Drops; Cantor Says 4Q ‘Short of Major Updates’
- DEME BB : DEME Group FY Ebitda Beats Estimates
- DTE GY : Deutsche Telekom Sees 2026 Adj. EBITDA AL About EU47.4B
- DRX LN : Drax FY Adjusted Ebitda Beats Estimates
- EDP PL : EDP SA FY Net Income Misses Estimates
- FGR FP : Eiffage FY Adjusted Operating Income Beats Estimates
- EMMN SW : Emmi Sees 2026 Organic Sales +1% to +3%
- ENGI FP : France’s Engie to Buy UK Power Networks for £10.5 Billion
- ENGI FP : Engie Boosts 2026 Ebit Excluding Nuclear Forecast
- ENI IM : Eni 4Q Adjusted Net Income Beats Estimates
- EBS AV : Erste 4Q Net Income Beats Estimates
- FER SM : Ferrovial FY Revenue Beats Estimates
- FDR SM : Fluidra FY Sales Meet Estimates
- FNAC FP : Fnac Darty Board Welcomes Kretinsky Bid, Reports FY Earnings
- FNTN GY : Freenet Sees 2026 Adjusted Ebitda EU500M to EU530M
- GXI GY : Gerresheimer Faces Expanded BaFin Audit Over Reporting Concerns
- GET FP : Getlink Targets €1 Billion Ebitda by 2030
- GUBRA DC : Gubra Submits Clinical Trial Application for Study of GUB-UCN2
- HABA GY : Hamborner REIT FY Rental Income EU90.3M Vs. EU93.0M Y/y
- HAG GY : Hensoldt Sees 2026 Adj. Ebitda Margin 18.5% to 19%, Est. 18.6%
- HIK LN : Hikma 2026 Core Operating Profit Forecast Misses Estimates
- IDR SM : Indra FY Net Income Beats Estimates, Indra Says to Abandon Payments Unit Divestment Process
- IDR SM : Indra FY Net Income Beats Estimates, Indra Says to Abandon Payments Unit Divestment Process
- IDIA SW : Idorsia FY Operating Loss CHF33M, Est. Loss CHF44.5M
- ISN SW : Intershop FY Net Rental Income CHF77.2M Vs. CHF73.2M Y/y
- KGX GY : Kion Sees 2026 Revenue EU11.40B to EU12.30B, Est. EU11.86B
- KUD SW : Kudelski FY Ebitda Loss $15.6M, Est. Loss $3.35M (2 Est.)
- LRMR US : Larimar Therapeutics Offering of 20m Shares Prices at $5/Share
- LDO IM : UK Set to Announce Leonardo Helicopter Contract in Coming Days
- MKS LN : Marks & Spencer to Exit the Philippines’ Shifting Retail Market
- VAC US : Marriott Vacations Sees 2026 Adjusted Ebitda $755M to $780M
- MEDX SW : Medmix Sees 2026 Adjusted Ebitda Margin About 20%
- MEL SM : Melia Hotels 4Q Net Income Beats Estimates
- MRK US : Merck Animal Health Says FDA Approves Numelvi for Dogs
- META US : OpenAI Hires Meta AI Researcher Who Previously Led Apple’s Models Team
- NFLX US : Trader Bets $14 Million That Netflix to Win by Losing Warner Bid
- NEL NO : Nel 4Q Ebitda Loss NOK36M
- NXI FP : Nexity FY Adjusted Net Loss EU188M, Est. Loss EU54.9M
- NVDA US : Nvidia Rises as Results Show Durable Demand: Street Wrap
- NVDA US : Nvidia Gets US License for Small Amount of H200 Exports to China
- PSKY US : Paramount 4Q Revenue Meets Estimates
- PWBK US : FS Bancorp to Buy Pacific West for $12.52 per Share
- PRY IM : Prysmian 4Q Adjusted Ebitda Misses Estimates, Prysmian Sees 2026 Adj. Ebitda EU2.63B to EU2.78B, Est. EU2.74B
- PIRC IM : Pirelli 4Q Revenue Beats Estimates, Pirelli Sees 2026 Adjusted Ebit Margin About 16%, Est. 16.2%
- PIRC IM : Pirelli’s Tronchetti Provera Says No Ongoing Talks With Sinochem
- PST IM : Poste Italiane 4Q Adjusted Ebit Beats Estimates
- RED SM : Redeia 4Q Revenue Meets Estimates
- RIEN SW : Rieter Sees 2026 Sales CHF1.30B to CHF1.50B, Est. CHF1.45B
- CRM US : Salesforce 1Q Revenue Forecast Beats Estimates
- SBMO NA : SBM Offshore FY Adjusted Ebitda Beats Estimates
- SPM IM : Saipem’s Deal for Deep Value Driller Drillship Falls Through
- SDRL US : Seadrill 4Q Revenue Beats Estimates
- SHEL LN : Shell in Talks With Adnoc, Others Over Australia LNG Stake Sale
- SHUR BB : Shurgard Sees 2026 Adjusted EPRA Profit EU172M to EU183.5M
- SBGI US : Sinclair 4Q Adjusted Ebitda Beats Estimates
- SNOW US : Snowflake Dips With Outlook Seen as Conservative
- SOP FP : Sopra Steria FY Dividend per Share Beats Estimates, Sopra Steria Sees 2026 Organic Revenue +1% to +2%, Est. +1.45%
- SUBC NO : Subsea 7 4Q Adjusted Ebitda Beats Estimates
- SUN SW : Sulzer FY Ebit CHF433.1M Vs. CHF382.5M Y/y
- SPSN SW : Swiss Prime Site to Issue CHF350m Green Convertible Bonds
- sTLA IM : Stellantis Swings to Loss on Charges, Some Signs of Turnaround
- SYENS BB : Syensqo 4Q Underlying Ebitda Misses Estimates
- UCB BB : UCB FY Revenue Beats Estimates (2)
- VLK NA : Van Lanschot Kempen 4Q Total Client Assets EU180.0B
- DG FP : Vinci Exchangeable Bonds Premium Set at 35%, Coupon 0.75%
- MF FP : Wendel FY Sales Miss Estimates
- WLN FP : Worldline FY Adjusted Ebitda Misses Estimates